In Chatham County, North Carolina, Wolfspeed, a company that creates silicon carbide semiconductor technology, plans to construct a brand-new, cutting-edge, multibillion-dollar materials production plant. As part of the company’s long-term growth strategy, the investment is expected to more than tenfold Wolfspeed’s current capacity for producing silicon carbide on its Durham campus. It will also speed […]
01
Aug
Aug
The advanced digital manufacturing infrastructure provider, VulcanForms, an MIT-born business, has received $355 million and is now valued at over $1 billion. Investors in VulcanForms include the Simkins family, Industry Ventures, Stata Venture Partners, Fontinalis Partners, D1 Capital Partners, Standard Investments, Atlas Innovate, and Boston Seed Capital. The company recently unveiled its first two digital […]
29
Jun
Jun
Lenovo, which makes more computers than any other company in the world, has opened its first factory in Europe. The plant, which is based in Ullo, Hungary, specializes in producing high-end PC workstations, storage systems, and server infrastructure for clients in Europe, the Middle East, and the African region. Lenovo’s global manufacturing operations will grow […]
23
Jun
Jun
On-demand manufacturing service provider Fictiv has completed a $100 million Series E investment round. With its best-in-class technology and product knowledge, Fictiv says this investment will help it reach its goal of speeding up product creation by putting more attention on lowering supply chain risk. Customers of Fictiv can deal with both the constant, competitive […]
22
Jun
Jun
More than 5,000 reservations have been made for Scythe Robotics‘ all-electric, fully autonomous Scythe M.52 mower, which is developed for the landscaping business. In addition, as the business scales to meet this significant demand, Scythe announced the hiring of Jen Mongeois, a former lead recruiter for Magic Leap, as head of talent acquisition, and Brian […]